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Hi, I have some USD in my PayPal (Europe) account. I've previouly transferred EUR to a Portuguese account, but now wish to transfer the USD to a UK-based USD account, unfortunately it keeps forcing me to convert to EUR prior to transferring. Is there a way to deactivate this?
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No. PayPal will always convert to local currency on the withdraw. It will cause double currency conversion with a foreign currency local bank account so there is no point in trying it. The only way is if you linked a US bank account opened on US soil.
If you want to receive USD and spend it, keep it in PayPal USD currency balance and select USD currency during checkout to use the USD funds from your PayPal account.
Kudos & Solved are greatly appreciated. 🙂
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No. PayPal will always convert to local currency on the withdraw. It will cause double currency conversion with a foreign currency local bank account so there is no point in trying it. The only way is if you linked a US bank account opened on US soil.
If you want to receive USD and spend it, keep it in PayPal USD currency balance and select USD currency during checkout to use the USD funds from your PayPal account.
Kudos & Solved are greatly appreciated. 🙂
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Regarding the US bank account, have you tried adding the card instead of the bank account (if you have one, that is)?
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Well that is good to know and perhaps there are legal reasons, but it feels like a scam to force us to use their exchange rates.
After all if I can use my GBP to buy something in GBP, why can't I withdraw it to my GBP UK based bank account? (I live in the EU, so my local currency is EUR).
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So it it possible to withdraw currenci to my bank account ? I have USD GBP and other currencies accounts in the bank.
Tried to withdraw USD but pay pal forced to exchange to Euro, but I needed the USD to go there.
SO id there a way to do it ?
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